the 200 tonne bulk sample from Pobrdjewhich was
purchased from the
Serbs back in 2012, by one of Erin's potential partners, I wonder how long it took them to extract it? The price for colemanite was pushing $700/ton back then, so they must have paid $100,000 or more. The Serbs have been selling boron from Pobrdje to a Indian customer for 3 or more years
| 22-Mar-2014 | 25280030 | NATURAL BORON ORE CRUDE COLEMANITE (BORON ORE) | Serbia | Nhava Sheva Sea |
I wonder at what depth they are extracting the boron ? If Erin gets Pobrdje, and if we knew how much difficulty there was in extracting a 200 tonne bulk sample and how long it took, it might give us some clue how much Erin might be able to extract per month, by spending a minimum amount on the Pobrdje mine.
"As part of their due diligence process, the potential partner purchased a 200 tonne bulk sample of colemanite for analysis. The sample was extracted from the Pobrdje boron deposit (owned by Ibar Mines and located 2.5 km from Piskanja), as the potential partner is satisfied that the mineralogy and boron grades at Pobrdje are sufficiently similar to those at Piskanja to be representative and relevant. They have reported to Erin that the chemical analysis of the sample, conducted at their laboratory, is now complete with positive results that meet their expectations. As the laboratory testing was positive" https://www.erinventures.com/media/nws_d.php?id=62